15 days on rocket

4703 Saloma Ave, Sherman Oaks, CA, 91403

$1,575,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath
1,126 SqFt
$1,399/SqFt
House
Schools Nearby

Location

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4703 Saloma Ave, Los Angeles$1,575,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Garage2 spaces
Year Built1937
CoolingNone
FireplaceLiving Room
ViewNone
MLS #24391497
Lot Size0.16 Acres
StatusActive

About 4703 Saloma Ave

Incredible development or fixer opportunity located in this popular neighborhood in Sherman Oaks, RTI. Build a 3,000 plus square foot modern home including a pool and ADU on the second floor. Situated on a 6,757 square foot lot this home set on a beautiful, wide tree lined street. With permits ready-to-issue (RTI), this property provides a unique opportunity for investors, real estate developers, and/or remodel savvy buyers. Just 1.5 blocks north of Ventura Blvd and nestled in a desirable neighborhood with growing increase in property values and new homes, the location boasts excellent, walkable proximity to restaurants, shops, cafes, entertainment. An ideal location for easy commutes, great schools, local amenities and an abundant lifestyle. Architectural plans included are thoughtful, sophisticated and showcase a sleek modern design. With the low ARV and the ready-to-issue permits that include a pool plus an expansive ADU that could be an extraordinary primary suit - this property offers an incredible opportunity for your next investment or project. Please view all photos to see renderings, current condition and street view. Imagine all the possibilities and more.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1937
  • Stories: 1
  • Living Area: 1,126 SqFt

Listing Office:

  • Office Name: The Agency
  • Office Phone: (818) 379-7700
  • Listing Agent: Catherine Ammann

Interior Features

Interior Information:

  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Cooling: None

School Info

Assigned Schools Information:

  • Van Nuys Senior High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Van Nuys Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Sherman Oaks Elementary Charter, Public Charter Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: East of Noble, West of Kester

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,575,000
  • Price Per SqFt: $1,399/SqFt

Tax Information:

  • Annual Amount: $1,837
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

4703 Saloma Ave vs Los Angeles

15 DAYS ON ROCKET

-19 Days

$1,575,000

+$588.5K More

$1,399/SqFt

+$767 More

KEY TAKEAWAY

This property is $588.5K more than the Median Sold Price and $767/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24391497

Listing Office:

  • Office Name: The Agency
  • Office Phone: (818) 379-7700
  • Listing Agent: Catherine Ammann

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 4:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,837$145,095
2020$1,782$143,608
2019$1,722$140,793
2018$1,683$138,033
2017$1,683$135,327

History based on county public records data.

Payment Calculator

$7,928

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,788

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6052649
7
/10

  • Sherman Oaks Elementary Charter

  • 14755 Greenleaf St

  • 0.45 miles

  • Public Charter Grades KG-5

school-card-donut-6052650
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 8.15 miles

  • Public Magnet Grades KG-6

school-card-donut-6052651
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 10.92 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-6052652
5
/10

  • Van Nuys Middle School

  • 5435 Vesper Ave

  • 0.99 miles

  • Public Magnet Grades 6-8

school-card-donut-6052653
4
/10

  • Studio

  • 2211 W Avenue 30

  • 13.20 miles

  • Public District Grades 6-8

High School

school-card-donut-6052654
7
/10

  • Van Nuys Senior High School

  • 6535 Cedros Ave

  • 2.32 miles

  • Public Magnet Grades 9-12

school-card-donut-6052655
7
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 3.48 miles

  • Public Magnet Grades 9-12

school-card-donut-6052656
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 16.32 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,059. Residents of Los Angeles, CA typically earn less than $35k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4703 Saloma Ave

What is the listing price of this property?

The listing price of 4703 Saloma Ave property is $1,575,000.

What type of property is this?

The property 4703 Saloma Ave is a house located in Sherman Oaks, California, 91403.

Is this property for sale now?

Active Listing: 4703 Saloma Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4703 Saloma Ave are:
Sherman Oaks Elementary Charter: GreatSchools Rating 7/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Van Nuys Middle School: GreatSchools Rating 5/10
Studio: GreatSchools Rating 4/10
Van Nuys Senior High School: GreatSchools Rating 7/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,837 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4703 Saloma Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 4703 Saloma Ave is 1,126 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4703 Saloma Ave is 1937.

Rocket Homes›California›Los Angeles County›Los Angeles›91403›4703 Saloma Ave

This home is located at 4703 Saloma Ave in Sherman Oaks, CA and zip code 91403 in the The San Fernando Valley neighborhood. This 1,126 square foot home, which was built in 1937, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $1,575,000.

Over 701 listings were sold over their listed price in April 2024 in Los Angeles, CA. In the same period over 629 listings were sold below the listed price and 204 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between March 2024 and April 2024 increased by 14.9%. Listings spent 34 days on the market in April 2024, and had a median list price of $986,427 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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